Punjab Capital Forex Broker

Punjab Capital is an unregulated stock broker registered in Pakistan on November 29, 2016. It requires a minimum deposite of PKR 5 000 (approximately $18) and supports trading through KiTS, a Pakistan trading application.Pros and ConsPros Cons Multiple Educational ResourcesLack of RegulationComprehensive Customer SupportLimited Account TypesLimited Trading ChoicesLimited Information TransparencyNo Demo AccountsIs Punjab Capital Legit? Punjab Capital lacks any legal regulation, so when you encounter any fraud related issues, you may find yourself with nowhere to turn for assistance and recover your assets. Therefore, before trading with Punjab Capital, you must be cautious and verify its authenticity.What Can I Trade on Punjab Capital? You can only trade shares in Punjab Capital. Other trading instrument like forex pairs and commodities are not available.Tradable Instruments Supported Forex❌Commodities❌Indices❌Cryptocurrencies❌Stock✔Mutual Funds❌Punjab Capital Commision Punjab Capital's commission charging rules are rather complex, with a 30% margin requirement for leverage trading. Their services including equity trader facility, online trading terminal, and research reports at social media, all of which require commissions. Additionally, online fund transfers also charge fees. For more details, please refer to the screenshot provided below:Trading Platform Punjab Capital only supports trading through KiTS, providing Stock rates of registered Stocks in Pakistan Stock Exchange (PSX), with order placement and trade summary features.Trading PlatformSupported Available Devices MT4❌computer and phoneKiTS✔computer and phoneCustomer ServiceContact Options DetailsPhone+92 423-6311051–53; +92 333 431 3598Emailinfo@punjabcapital.com.pkSocial MediaTwitter: https://x.com/PunjabCapitalSecuritiesFacebook: https://www.facebook.com/PunjabCapitalOfficial/Supported LanguageEnglishWebsite LanguageEnglishPhysical AddressOffice# 319 & 320 3rd Floor, Pakistan Stock Exchange Building, 19-Khayaban-e-Aiwan-e-lqbal, Lahore - PakistanThe Bottom Line The Pakistan-registered stock brokerage Punjab Capital may seem attractive with its low minimum deposit of PKR 5 000. However, it lacks legal regulation and does not support global trading platforms such as MT4 or MT5. As a result, you are advised to avoid this brokerage and choose a legally regulated one.FAQs Is it safe to trade with Punjab Capital? No, trading with Punjab Capital is unsafe given the lack of legal regulation. What is the minimum deposit at Punjab Capital? The minimum deposit is PKR 5 000. What trading platforms are available at Punjab Capital? You can only trade through KiTS at Punjab Capital.